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$SKHYNIX is rallying, and the shorts are sitting on a massive pile of profits.
That's the interesting part. Bears still dominate positioning, but fresh buyers are starting to push harder.
I'm leaning bullish here. If buying pressure keeps building, those profitable shorts could start closing and add fuel to the rally.
The risk? Shorts aren't trapped yet. They can afford to wait, so I wouldn't bet on a squeeze happening overnight.
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